Kevin Luttrell
Forced to take $25k passive activity loss deduction?
Hi All! Hoping someone can help me with this question. For the last couple years I have had losses on my tax returns from passive rental real estate activity. I am not considered a "real estate professional" by the IR...
Quinn Kiet
Were "kick backs" commonplace as anecdotes make th
Not talking about the YSP or Origination that's disclosed on the HUD, but just plain ol' fashion cash under the table or "gifts" on your front door type deals.
Blogs and forums make it sound like every top producin...
Ari Bachrach
The most annoying item to dispose of: tires
I bought a terrible house in a good neighborhood about a month ago. No one else wanted this house so I was able to get it for a great price. The house is a gut rehab, but even more than that, there's one thing that sc...
Tae Jang
I need to correct my mistakes
Hi BP!I need your opinions about my personal financial situations.After paying off my student loans last year, I bought a nice home for our self and two cars last year. Big Mistake! I have never thought about becoming...
Trent Warner
Total newbie - Vacation rental in Mexico. Thoughts?
BLUF: Mother-in-law has spent many years vacationing in Mexico regularly, wants to buy a beach front condo in Puerto Penasco as a VRBO. Wants to know if wife and I would like to "go in" on it with her.Hello all! Thank...
Nita Martin
Should We Purchase This 100 Year Old SFH Turned Into a 4-Plex?
The Investment:My husband and I have put in offer on a 5,000 sq ft, 100 year old SFH that was turned into a 4-plex with an efficiency apartment in back. It is a lovely property in a historic district, and we are lite...
Account Closed
Renting your house out but still using a barn on the property.
I have a house I am just about finished remodeling and planned on renting it out. The only bad part is I use a old barn to store some of my things so I would like to be able to still use the barn while renting the hou...
Scott Anthony
How long must I own a property before I 1031 it?
Is there a time limit on how long I must have owned a property, before I can sell it and 1031 exchange the proceeds into something bigger? If so, how long?
Sharlisa Elzy
Probate
Hi, I'm in the Chicagoland (cook county) area and want to start gathering probate leads in order to do a mailing campaign . My question is, should I go to the courthouse to gather my list or can I get the info online?...
Dominic Franco
My first investment property - VA Duplex House Hack
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Lillington.
Purchase price: $178,000
Cash invested: $781
Contributors:
Daniel Kidd,
Chalie Krautkramer,
...